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Acquisition – google plans to integrate gesture recognition technology to its products

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Talent Neuron discusses about various Acquisitions taking place in the Technology Industry

Talent Neuron discusses about various Acquisitions taking place in the Technology Industry

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  • 1. Acquisition – Google Plans To Integrate Gesture Recognition Technology To Its Products Google has acquired Flutter, a Bay Area based startup that Contact Details Talent Neuron 3080 Olcott Street, Suite A125, Santa Clara, CA 95054 Phone: +408-716-8432 Email: info@zinnov.com develops gesture recognition software. Flutter develops gesture recognition technology applications for Mac OS X and Windows that detects hand signals through webcams and enables users to control apps such as YouTube, Pandora, iTunes and Netflix. Flutter, founded in 2010, had raised USD 1.4 million in 2012 through funding from investors such as Y Combinator, Andreessen Horowitz, New Enterprise Associates, Spring Ventures, and Start Fund. Through this acquisition Google is expected to integrate gesture recognition technology into Nexus mobile devices, Chromebook laptops and Google Glass. The feature is also expected to be integrated into Gmail, to allow users to quickly flip between emails and commands such as delete, reply or forward. Google is also working alongside Ford to develop gesture recognition technology in cars by using in-car cameras to replace buttons and knobs that are currently present on vehicle dashboards. The technology will use specific hand movements to control the operation of features such as indicators, air conditioning, windscreen wipers, sunroof and windows. Similar Articles Executive Movement –Twitter Strengthens its Executive Team For more information, please contact info@talentneuron.com | www.talentneuron.com This message has been approved for distribution by Vamsee Tirukkala, Co-Founder and EVP – Talent Neuron. This email is sent by Zinnov LLC. If you wish to unsubscribe from this communication please email to info@talentneuron.com
  • 2. Talent Neuron research indicates that the global gesture recognition market is growing tremendously; in 2012 the market was valued at USD 322.30 million and is expected to reach USD 7.15 billion by 2018 at a CAGR of 51 percent. Companies are leveraging gesture recognition technology to transform human interaction with machines such as mobile devices, gaming (Nintendo’s Wii and Microsoft’s Xbox Kinect) and automotive applications. About 12 percent of today’s Smartphone feature gesture recognition technology and this is expected to rise to 50 percent over the next three years. Samsung incorporated gesture recognition into its Galaxy S4 handset. Talent Neuron research indicates that in 2013, Google spent about USD 344 million to acquire more than 15 companies for technology and talent. Channel Intelligence, DNNresearch, Talaria Technologies, Behavio, Wavii, Waze, Bump Technologies are among the companies acquired by Google. These strategic acquisitions were made to enhance Google’s expertise in areas such as natural language processing, mapping & navigation, and advertising